Common use of Conversion to Lump Sum Clause in Contracts

Conversion to Lump Sum. ¨ Notwithstanding anything herein to the contrary , if the Participant’s vested Account at the time such Account becomes payable to him hereunder does not exceed $ distribution of the Participant’s vested Account shall automatically be made in the form of a single lump sum at the time prescribed in Section 1.07(c)(1).

Conversion to Lump Sum. ¨ Notwithstanding anything herein to the contrary contrary, if the Participant’s vested Account at the time such Account becomes payable to him hereunder does not exceed $ distribution of the Participant’s vested Account shall automatically be made in the form of a single lump sum at the time prescribed in Section 1.07(c)(1).

Conversion to Lump Sum. ¨ ☐ Notwithstanding anything herein to the contrary contrary, if the Participant’s vested Account at the time such Account becomes payable to him hereunder does not exceed $ $____ distribution of the Participant’s vested Account shall automatically be made in the form of a single lump sum at the time prescribed in Section 1.07(c)(1).

Conversion to Lump Sum. ¨ o Notwithstanding anything herein to the contrary , if the Participant’s vested Account at the time such Account becomes payable to him hereunder does not exceed $ ________distribution of the Participant’s vested Account shall automatically be made in the form of a single lump sum at the time prescribed in Section 1.07(c)(1).

Conversion to Lump Sum. ¨ Notwithstanding anything herein to the contrary , if the Participant’s Participant 's vested Account at the time such Account becomes payable to him hereunder does not exceed $ $________ distribution of the Participant’s 's vested Account shall automatically be made in the form of a single lump sum at the time prescribed in Section 1.07(c)(11.07(c)(I).